Growth Potential and Profits
Looking for profits ? Industry experts are now forecasting the price of gold to potentially rise past $1,500 to $2,500 per ounce in the next five years. This could translate a return anywhere between 40% to over 100%!
The institutional divisions of Bank of America, Citicorp, UBS, Barclays Bank have forecast increasing gold prices. "Smart Money", including investors such as U.S. billionaire Warren Buffett, companies such as Northwestern Mutual Life Insurance are investing in Gold. Also institutional buyers such as The Bank of China, The Bank of India, and Saudi Arabia have been investing in physical Gold and they recently announced new gold buying programs.
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